New chief risk officer set to take over as William Bonnell announces retirement
National Bank has announced the appointment of Jean-Sébastien Grisé as the new chief risk officer (CRO), effective November 1.
Grisé joined the Bank in 2015 as vice president, Risk Management, for Personal Banking, Wealth Management, and SMEs. His role expanded in 2016 to include credit risk management for Commercial Banking.
In 2019, he was elevated to senior vice president and chief credit officer for Commercial, Retail, and Wealth Management. Previously, Grisé worked for over 15 years in progressively senior roles in credit-related functions at a multinational conglomerate.
He is a member of the Risk Management Association and the Climate Risk Consortium since 2021 and has previously served as secretary of the board of the International Financial Risk Institute.
“[Grisé’s] deep expertise and understanding of the Bank and its risk landscape, coupled with his strategic vision and unifying leadership, will serve as invaluable assets as he takes on this new role,” stated Laurent Ferreira.
Grisé, currently senior vice president and chief credit officer, will succeed William Bonnell. He will report directly to Laurent Ferreira, president, and chief executive officer, and will be a part of the Bank's Senior Leadership Team.
This leadership transition is a component of a thorough succession planning and development strategy.
Bonnell, who has been with the Bank since 2001 and served as CRO for the last 12 years, will stay on as a strategic advisor for an interim period to ensure a smooth transition. During his tenure, Bonnell was instrumental in reinforcing the Bank’s risk culture and navigating it through various economic cycles.
“On behalf of the Board and Senior Leadership Team, I would like to recognize [Bonnell] for his significant contributions to the Bank over his 23-year tenure and to our industry throughout his career. We look forward to continuing to benefit from his expertise and sound advice ahead of his well-deserved retirement,” said Ferreira.
